Where can I find pre-foreclosures?
To find possible pre-foreclosures in your area, enter yoursearch area on Zillow, then click 'Listing Type' and choose 'Pre-Foreclosure' under the 'Potential Listings' heading. Pre-foreclosure information is free after you register with a free account.
Be aware that a home listed under the pre-foreclosure category is a home that is not necessarily for sale. But, since the homeowner is in default on his loan, he may welcome an opportunity to find a qualified buyer who can help him avoid possible foreclosure. Also, the home could be scheduled for foreclosure auction under this category.
Where can I find listings for foreclosure auctions?
We offer listings for each stage of foreclosure: pre-foreclosure, foreclosure auctions and bank-owned listings. To find listings for foreclosure auctions, enter yoursearch area on Zillow, then click 'Listing Type' and choose 'Pre-Foreclosure' under the 'Potential Listings' heading. Any applicable listings for foreclosure auctions will come up in the search results. Pre-foreclosure information is free after you register with a free account.
Where can I find listings for bank-owned properties (REOs)?
There are several ways to find bank-owned properties:
- MLS: Most lenders list their REO properties on the Multiple Listing Service (MLS), so any agent can help you identify REO offerings in your area.
- Bank websites: Some banks have an entire department set up to sell REOs, and sections of their websites are dedicated to their listings.
- Online specialists: Zillow has foreclosure listingsfor free. You can find foreclosure properties by using search filters on Zillow's search and maps page. To find listings for bank-owned properties, enter yoursearch area on Zillow, then click "Listing Type" and choose "Foreclosures" under the "For Sale" heading. Full foreclosure listing information is free after you register with a free account.
How can I be the first to know when a property is listed?
Zillow offers a Property Alert email which will notify you when a property's status changes (i.e., goes into pre-foreclosure, is scheduled to go to foreclosure auction or is foreclosed). By getting a Property Alert email about a home, you will know very early in the process about a home that you are interested in. To create a Property Alert, go to any home details page, click “More” and select 'Get updates on this home.'